Deutsche Börse’s DAX 40 xStocks inherit liquidity from conventional equity markets. A €100,000 SAP example shows where tokenization adds costs and why distribution may determine who pays them.
Why is NYSE connecting to transfer agents while Morgan Stanley is buying one? Securitize’s businesses reveal what pays across five layers of digital transfer-agent revenue.
Morgan Stanley is using DTCC’s Tokenization Service. We examine what is live, what margin and financing workflows require, and where Treasuries and equities could deliver commercial value.
The OCC has removed its proposed third-party yield presumption, not the issuer yield ban. We examine what that means for rewards, revenue sharing and competition from tokenized bank deposits.
Samsung, Coinbase and Bastion are bringing USDC to Samsung Wallet, potentially reaching 82 million eligible Galaxy devices in the US. The integration will enable consumers to hold digital dollars, transfer USDC internationally and send funds to local bank accounts in more than 60 countries. Meanwhile, Allium reports $43 billion in stablecoin payroll and $37 billion in remittances during the first eight months of 2026.
Visa and Mastercard are stitching together the infrastructure for 24/7 stablecoin-funded corporate payments, connecting blockchain transfers, payment orchestration and fiat payouts. But who provides the liquidity that makes funds available in recipients' bank accounts, and who bears the financing cost? Using a $50 million cross-border treasury transaction, we examine the three critical layers of global payments, compare liquidity funding costs against transaction revenues and
Stablecoins can move £50 million across borders in seconds, but that doesn't guarantee usable liquidity in a corporate bank account. Our £50M Treasury Test examines how stablecoins, tokenized deposits, Mastercard Move, Swift and Fnality address the gap between 24/7 settlement and fiat availability, who bears the liquidity costs, and where the commercial value lies.
SAP Pay is bringing USDC and EURC into corporate treasury workflows, turning stablecoins into another payment rail alongside bank transfers and real-time payments.
OKX’s latest funding round is about more than capital. With ICE, Standard Chartered, Circle and Ripple now strategically aligned with the exchange, OKX is emerging as a potentially important distribution channel for stablecoins, tokenized equities and future onchain financial products.
Tokenized money market funds are moving beyond product launches. Stablecoin reserves, embedded distribution, treasury automation and collateral utility will determine which asset managers capture the market’s next wave of growth...